Business Studies, asked by shailleymahuva, 9 months ago

who takes a reinsurance ?

Answers

Answered by Anonymous

Answer:

It is a process whereby one entity (the reinsurer) takes on all or part of the risk covered under a policy issued by an insurance company in consideration of a premium payment. In other words, it is a form of an insurance cover for insurance companies.

Explanation:

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Answered by queensp73

Answer:

'Reinsurance' Definition: It is a process whereby one entity (the reinsurer) takes on all or part of the risk covered under a policy issued by an insurance company in consideration of a premium payment. In other words, it is a form of an insurance cover for insurance companies.

Explanation:

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